Rangers Rumours Archive March 09 2012

09 Mar 2012 22:51:15
American giants AEG are poised to launch takeover bid of Glasgow Rangers. The American Billionaire Philip Anschutz is behind the takeover bid. He see Rangers as a prefect opportunity to expand his already expansive sporting folio.

Sporting folio?

Aye right..........Stevie

Are they not trying to Buy Spurs at the moment.

For all our differences who would invest massive cash in celtic or rangers to get a paltry tv money back. we move on with small finance. thats it.

The spurs deal was dropped a few weeks ago.

Das Shadow

We hate each other for 90 mins then down the pub,lets be honest who is going to invest in scottish football until we all change i am afraid we are on our own b

Have heard that Deutsche Bank AG have expressed interest in the Rangers situation

Heard of this a couple of weeks ago and was told then it's to do with using Ibrox as a concert arena ,,seemingly they have the Hamburg ground as well

This guy is supposed to be linked way buying spurs prob be better buying them than us unless we where in England a think Paul Murray and the blue knights are gonney get us through this mess fellow bears

NO ONE is going to invest..not in the sense that you are all getting excited about..

Look at the facts...look at the debt...who in their right mind, in todays economic climate has AT LEAST 80 Million to throw away into the black hole that is the SPL..

Accept what is happening, you may aswell.

It actually looks like its gonna be 20mill toops of debt...

Don't be so negative! There are plenty of arab billionaires looking for their next 'hobby'. Might just be Rangers - then we can start buying titles with legitamite funds.

This isnae true more bull just remember why did psg get bought the french league isnt that great an they are throwing money at psg think its some qatar mob

TB

If there are other investors they will be waiting for Gers to get a CVA or are liquidated. They won't be wanting to take on all that debt.

Was it cud but doubt it tht guys in the top 50 americians 7 billion or something

This is ridiculous. AEG should sue.

Rangers have made redundant their international business director for Asia and USA, based in London, why would they lose that international business competence if they were about to negotiate with an Asian or USA company? Nonsense. {Ed001's Note - that makes no sense, AEG would have no need of a Rangers-based international business director.}

Do all you people not read about our "potential" tax liability only to be paid at 10p in £ provided craigy the shyte is gone
Leeroy

Im not saying its true or going to happen but there is massive interest in the US in the old firm. Rangers are attractive now especially as we have national team players in our squad. Do you guys not realise just how many Rangers replica tops and merchandise is sold every year. SDM sold our rights to that along with most everything else, but to an investor from america or anywhere else thats HUGE advertising potential.

Ed.... You don't understand properly, if Rangers are about to negotiate anything with USA or Asian corporations, why sack the rangers expert director in such matters? Who is going to negotiate? No 'O' levels Ally McCoist? {Ed001's Note - McCoist is not involved at that level, the administrators are running the business and they have no need of an office in London or the director there. Anything to be negotiated with those corporations can be done perfectly well without him. I don't think you understand to be honest.}

Ed.......international business directors are like gold dust, believe me I know. Duff & Phelps reps at Ibrox are UK domestic accountants, totally our of their league to negotiate with USA corps or the Asians. They are quite simply not competent to do so. {Ed001's Note - rubbish, you quite clearly have no clue what you are on about, their only aim is to get the creditors' money to them. There is absolutely no need to have an international business director, that aren't gold dust at all, to deal with anyone. Their only need is to cut costs and make the club profitable, what do they need an overpaid, underused executive for? I think you are failing to understand exactly what is happening here, there is no desire to sell Rangers for a profit or the highest price possible. The job of the administrators is to get the debts paid off, nothing else.}

McCoist stated in the press recently that D&P had given him a senior role in negotiations with prospective owners. He stated he accepted. {Ed001's Note - yes, as a figurehead, he won't be any more than that.}

I find it astonishing we had a paid director in london whose job was to deal with asain and american markets!! What the hell did the guy do all day anyway. Sorry to say this but Rangers have too many staff and too many players for an SPL team. Its hard for the ones who lose their jobs but no harder than any other company employees in these difficult times. Administrators should have made some positions redundant, sorry but thats a fact for the greater good of the company.

I don't believe there are any seriously interested Asians or Americans, they would've shown up last year. As it is the global economy has got worse. The Rangers liabilities have got worse and all the bad news of what has been done is out there. It's not a good brand to link your other businesses with either.

AEG are currently building 13 stadiums @£700mill a pop so worth a wee bit more than 7billion there plan is to have at least one arena in every country as they own O2 and one in Manchester buying Spurs would have made no sense whatsoever however talking to a former director and doing business offsite would make perfect sense and possibly led to rumors of buyout. Would also explain why the massive spending on the stadium £1.5mill on PA system (wtf) would partly explain why Ticketus were so keen to advance and another little titbit is CEO of AEG is Russian as for wasting money they pay D.beckham $10 mill a year

Think some are forgetting Duff and Phelps
Headquarters are in New York. The Administrators we have in, and the publicity Rangers have had Worldwide over the last few weeks, would have got the attention of these types of potential owners.

Why would any Asians or Americans be interested in Rangers going up to play Inverness in cold February? Really inspires the imagination much like the global round the world yacht race sponsored by Rolex.

Ofcourse, I would love to see major investment that would allow us to once again see players in the ilk of Gascoigne, Laudrup, Numan etc. However, the stark reality is that the SPL is an uninteresting competition with a poor standaed of footy. I would argue that outside of the old firm that most teams would struggle even in the English championship. Outside of the old firm the spl teams stumble when they play second rate teams in European qualification. So why would anyone invest in Rangers from a business perspective? I don't see aeg happening.

I predict that an offer will come from people with an emotional affinity to the club. The only way I can see an AEG-type offer come in is if Rangers can be picked up for next to nothing and the big tax case is minimized to 10 p per pound.

I may have sounded negative about the spl, but the issue is also in other European leagues that have fallen far behind the epl, la liga, bundesliga and serie a. No major tv interest means no income and no money to compete.

An American company would not get involved with the old firm because of the inherent problems they have!

Duff and phelps out of their league to negotiate with usa corps or the asians? the are owned by the third largest credit rating company in the world based in new york

09 Mar 2012 22:34:31
Www.redblackRangers.com

Buy a scarf and spread the word Bears. We are the poeple!

Great initiative. Well done.

Naw we are red white n blue!! We ain't ac milan

Did we not win the league at rugby park in a black and red top?? Get behind the club clown!!

100% of profit goes to Rangers !! I'd rather my whole £10 went to them rather than £10 minus cost of scarf and postage and packaging etc etc.... Just a personal view but well done for trying to help

Its a good idea but a red and black scarf is not for me. I had mooted the idea of blue and red only, no 'Whyte' until things were hopefully concluded successfully. But in the end why don't we just wear our proper colours. Also I'd rather have adult tickets being bought for obvious reasons!

Fantastic idea.

I have bought mine, our socks are black and red also, its a f*** you to Craig Whyte the black and red scarf !

barra1591

Buy full price tickets, the club needs that more than buying child price tickets

Sorry for the question but the ,we are the people fraise whos people are we ?

Lol @ "fraise" Not a Rangers supporter obviously.

I think any way that can help is a good idea. is it definitely on the level though, would hate to think someone is trying to make a fast buck on the back of our demise.

You are no longer the people an embarrassment to the rest of Scotland hence no overseas buyers

Good Q. though.. never understood it..

but I guess you are everyone's boy now

We are the people who were shafted by a wee guy from motherwell

Red and black, whre did they get that from?

A good idea, but a Rangers scarf MUST have blue! Take out the white to show no Whyte in Rangers would be better.

The red and black will show all of glasgow the state of finance within the clubs celtic in the black and rangers in the red great idea b

The scarf should have been blue and red with no white . sending out the mesage that we dont need or want white at ibrox

OK agood idea to raise funds, but being minded that there are a lot of people outher who are taking money from the club, please explain the cost break down,i.e. how much the wholesale price and how much after production and transport costs etc, how much of the tenner goes to the club?

How are ten quid scarves gonna save a club? Clubs needs millions not a couple of tenners!

09 Mar 2012 21:07:22
Gers administrators agree wage-cut plan to move club forward - http://www.bbc.co.uk/sport/0/football/17308715
So much for the doubters out there. KG

Since when did rangers players become licensed administrators? The job of the administrators is to keep the club running and try to get debts cleared. The allocation of available cash should be determined by them, no-one else. I sure that the creditors in risk of losing businesses, jobs, livelihoods etc. will be delighted that Rangers players are ensuring that back-room staff are secure. Are there any laws within this country that are applicable to Rangers? The handling of this entire situation is an absolute disgrace to our nation and to football. Justice has to be served.

What chance we can persuade the whole team to stay on these wages all next season as well?

Its good news that it buys the administrators enough time to broker a deal. But the hardest work is still ahead of them. Not a time to pat themselves on the back just yet. Their handling of this whole affair has been painful to observe.

Well done and heart felt thanks to the players and the manager for pulling together and make such massive sacrifices for the club.

Just shows how special Rangers are and how much this club means to the players,as well as the fans. With this level of commitment and the backing of the fans (and hopefully a few super wealthy fans, who are genuine supporters) we'll bounce back stronger than ever !

Just goes to prove again that Rangers is more than just a club. These players will go down in history as legends. Their integrity, comeradery and selfless act will always be remembered.

In these times of greedy Bankers, like Bob Diamond and Stephen Hester, enriching themselves, what a fantastic and honourable sacrifice our players have made. What a great advert to potential buyers !

These last couple of weeks have been painful and extremely worrying for every Rangers fan. This news gives us renewed heart and confidence that the spirit of this team and our manager can conquer and prosper again. It's to their eternal credit.

A very proud Rangers' fan tonight.

WATP

Gav

Just prolonging the agony, and keeping admin ( Whytes Knights ) in big dough job,
till the have milked the blood out of us.

"Justice has to be served" ?? .... You're a wee bitter lemon.

A better yer absolutely scunnered that we'll not only avoid liquidation, but we'll be back stronger than ever next season !! Can't wait.

What doesn't kill us, makes us stronger !

WATP

Yeh same old story jobs for the boys dont worry about who we owe just pay our own b

Seems there's a few unhappy Celtic fans on our site tonight. Nice to see !

News of our imminent death seems somewhat premature.

An ebullient Gers' fan !

After today what have your team done they lost a 17 point lead turned into an 11 point advantage for celtic and you say great by the team,please dont play the tainted title card,you have cheated , i am not going to say other teams because of the two contract issue but have a really good look at yourselves have you ever cared for any one else you were born that way and will on death be the same you must change or be for ever hated ,i would hate to see this happen

Get a grip they haven't agreed to pay cut its another way of deferring wages ! The high earners will be off at the end of the season with the transfer fee or a huge chunk of it in their pocket

Its not a deferral of wages. Also, if they leave in the summer, we'll get transfer fees from their sale. Are you really too stupid to figure that out ?

You're negativity suggest to me that you're a sellik fan ... Poo poo somewhere else !

09 Mar 2012 20:16:05
paul murray finalising offer for the club

james rfc 1980

Not sure i would want tickitus involved anyone else think this

Seen it on sky sports news

Yeh that would be ok back to the same old faces that got the club in this mess in the first place,who wont get paid next year b

Has he just phoned to tell you.

We've had enough of Murray's at Rangers

How can it be unbelievable when on sly sports news.....some peope just click on anything!!!

Difference is ppl that fans will b involved and b represented on the board so nothing can b hidden again from the ppl who matter the most-the fans

Just remember last season was 3 in a row and a manageable debt. Once we are rid of Whyte and under new owners (Blue Knights) we will be OK in the long term. WATP

Its got 2 be better than wat we are going threw jst now

Anyone else taking over would be a plus from the muppet we have just had. Confirmed on bbc now.

Whats his wealth

He's put in a concrete bid with the Fans group and Ticketus. Google it and you will find. He was part of the old board but the plan is to get new faces with experience to ensure the stability of the club. Telegraph webpage.

09 Mar 2012 17:18:13
Sky Sports News reporting that no staff
within Ibrox will be made redundant.
No mention of Murray Park though.

Celtic fan here but this is good news indeed,but dont know how Whittaker and Naismith taking a 75% wage cut helps anyone i would think their insurance company would be paying their wages anyway as they are injured,maybe wrong though.MACCA

Not sure about the insurance side of things mate. Im just glad of the positive news.

Think club pay half insurance pay half just glad it's a bit of good news

And rightly so mate,just seems a bit strange,the numbers just dont add up,if you add it up it is no were near £1m.MACCA

Great news for scottish football and the staff at ibrox great for glasgow too as buisness would suffer and no rangers v celtic games again the rangers fans have been treated badly tho same as the celtic fans in 1994 well done the players through no fault of their own respect from true rangers and celtic fans

Typical celtic fan trying to find a negative from a positive.

The pay deal does add up. If you took a 25 man squad with an average saving of 10 a week then that would give you 250k a week hence 1 million a month. The balance of the big earners versus lower earners would give a saving of 250k a week. Plus the management also.

I heard that the players who have taken the biggest pay cuts will be free agents at
the end of the season. How is that helping the club??

I hope the rangers fans can buy the majority of the club as a football fan the supporters have been let down badly good luck

How is that a negative? It was only a question. I wouldn't know off the top of my head who pays for what when a player is injured, and in this case it does matter.

The administrator did not give a definite answer on the clauses in contracts. But reports are they would be freed depending on if we come out of admin and who runs the club. Hopefully we can find a buyer or the start of a takeover, and the players can decide what to do. The players have saved the club make no mistake about that. If some were free to go then I don't think you can have a go at them.

On the point of Murray Park who needs to transfer cash into immovable assets as SARS cant touch them ?

09 Mar 2012 16:23:14
Paul Murray recieves backing of Ticketus - dont know what this means

ssn

reporter says they'll be looking into it further


ryanrfc

It means his consortium is lacking the necessary capital to buy the club and deal with the Ticketus claim. what this tells you is the ticketus deal can not be unwound

No it dont,ticketus will struggle to prove the deal was legal,they will hang on to any shirt tail to try and keep the deal afloat,methinks the goal posts are shifting in the gers favour myself.....truebue.....

Ticketus have not ruled out a move to own gers on there own


TB

09 Mar 2012 16:05:23
A consortium consisting of Andy wynne, Scott Allen, Andrew Barr and Danny McWilliams are ready to up there interest. I've heard of Andy wynne but who are the rest?

Davy's pal.

09 Mar 2012 14:31:58
STV reporting Administrators locking horns with Ticketus over the £24m stating it's a deal between Whyte and Ticketus and Rangers can be extracted from the deal. Reported that Ticketus case is legally watertight and it's more a case of Rangers and Ticketus business and if anything Whyte could be removed from the transaction.

Rangers selling future tickets to pay rangers debt to lloyds tsb. If so, rangers would own the £3.6m balance which curiously they are legally chasing!

The ticketus money was to Craig Whyte, not to Rangers. It will be null and void, paving the way for a new owner and a deal with HMRC. Well be out of this mess before the start of next season, IF all goes well.

Makes sense although there appears there must be one of two options - either the sale is held valid and Admin has to sue CW for 20m or invalid and Ticketus has to sue him - obvious preference

It's gonna drag on and on!

A lot of jingoism today but still a big tax and a small growing by the day tax bill hanging over Ibrox! I am not paying another penny into club until we have all the answers!

Ticketus are covered. It's a rangers debt or Ticketus owns the 4 years of 60% average tickets. The 3.6m will go back to Ticketus, they were owed 9 million in interest. And current compounding interest calculated against Rangers. So Rangers owe £24.4 minus £3.6 plus further contracted interest.

STV reports Ticketus are legally watertight having dealt for years with broke football clubs. The sale of the assets (tickets) was from rangers fc ltd not Whytes company.

Again, who benefitted? Rangers!

So why are rangers chasing the money if it's Craig whytes money you numpty

Whyte will be removed and Ticketus will be the protected creditor. A CVA will have to be agreed with Ticketus £24.4m and HMRC £13.5m and others....also big tax case.

Turns out Ticketus are actually the Blue Knights. WOW

It's clearly a Rangers debt.
Whether David Murray sold future tickets to pay rangers debt to Lloyds or whether Craig Whyte sold them to pay off Lloyds.... It's clearly solely Rangers internal business that cannot be legally isolated from Rangers FC.

Quote: Tom Kite.

"The only person at risk from the deal is me personally because I gave Ticketus personal and corporate guarantees underwriting their investment; the club and the fans are fully protected. In terms of exposure, I am personally on the line for £27.5 million in guarantees and cash."
.....................

The SFA & Lord Nimmo have delivered their damming judgement on Mr Whyte & his dealings.
He is an unfit person.
How can Glasgow Rangers be liable to Ticketus?
According to Admin Mr Whyte did not risk any of his own cash in buying the club.
As I understand it he brokered a deal with Ticketus in order to fund a buyout of Rangers debt to Lloyds.
He was not yet the owner of Glasgow Rangers when this went down but became owner as a consequence.

Wrong, he agreed in advance with Ticketus that he would sell them 3 years tickets after becoming owner and chairman.

After becoming owner and chairman, through Rangers FC limited he did the transaction (legally) and signed the contract. As interest became due, he signed a further 4th year at 60% over. All above board and legal.
His own statements, to protect himself, are untrue. He is a known liar.

'Craig Whyte Also said in a statement that the sale of future season tickets to Ticketus at a reduced price "was without any shadow of a doubt, the best deal for Rangers" '

CW sold the tickets legally and above board as chairman and owner of Rangers , through Rangers FC Ltd, for the benefit of Rangers. All Rangers internal business.

His other statement at the time was to save his own skin from angry rangers fans who understood 4 years of tickets had been sold. He lied at that point through necessity for his own safety.

Also, when initially confronted about the sale he denied it absolutely. Why? If it was his personal exposure? Because it was not his personal exposure, it's rangers FC exposure. This guy never exposes himself.

Wrong, he agreed in advance with Ticketus that he would sell them 3 years tickets after becoming owner and chairman.

After becoming owner and chairman, through Rangers FC limited he did the transaction (legally) and signed the contract. As interest became due, he signed a further 4th year at 60% over. All above board and legal.
His own statements, to protect himself, are untrue. He is a known liar.

.......................................

Basically what you are saying is Tom Kite as well.
Again... how could he agree anything with anyone if he he did`nt have any funds to back it up as an unfit person?

As far as I understand it, Rangers owe nothing to Ticketus and Ticketus have no security over Rangers' assets. The administrators have already confirmed this.

Ticketus bought the next 4 years' season tickets at a discount to the price the fans' pay for their season tickets, hence allowing them to make a profit margin. Ticketus will only get their money back if Rangers survive and sell similar numbers of season tickets to previous years. If we're liquidated, Ticketus stand to lose almost all their investment. Hence the reason why Ticketus are now so desperate to get involved with the Blue Knights.

Simples !

09 Mar 2012 12:59:13
douglas park is one of the blue knights consortium along with murray & king.

King has publicly stated he believes it's Liquidation and will not make a move until after Liquidation.

Heard on sky news (10 mins ago) that King would be deemed the same as Whyte unfit & proper.

Surely we don't want King involved - of the same mould as Whyte! Douglas Park - he isn't from Hamilton by any chance?

Douglas Park is more likely where you will be playing next season. LOLs.

1st white night, now blue knight, next night night!! We dont do walking away lol

Ally wants Douglas Park on the Board - so he can keep his BMW...

This is turning into a massive steaming pile of horsesh!t*.

The way I see it there are only two ways out of this - firstly we can get someone to buy the club having cut a deal with the tax authorities and whatever other liabilities are owed to ensure we maintain our history rather than become history re the current guise. The drawback of this is we will be probably be crippled for a few years anyway paying back debts even if it is only a fraction of what we owe. For this approach we would need to be wise in the transfer market, develop kids and under an excellent manager to ensure we are in with a chance of winning things i.e. not Ally McCoist.

The second option is liquidation and while it may mean we start as a new club with an empty role of honours it may just ensure that we get back to challenging quicker than before provided we are allowed to stay in the SPL.

What is the preference my fellow bears?

1. Potentially years in the wilderness but getting to keep our records (with the exception of anything potentially taken off us for alleged rule breaking).

2. Starting up as a phoenix club and challenging again soon but with our history stopped and confined to history as we start again from scratch under a new identity?

Dont want king anywhere near our great club

I gave those two options on here 8 days ago...nobody wanted either.......they want all debts removed or paid and a billionaire to spends hundreds of millions on messi types.

Is that the Parks of Hamilton guy? Does he have the BMW franchise there also?

I personally don't like the idea of losing the history if it can be avoided

quabba

Option 1 - always!
Even if we win nothing for 5years we still have our history - more important than a quick fix and liquidation - we wouldn't ne Rangers we would be another team would be as well going and supporting Partick Thistle - no thanks we are Rangers and always will be, if the club dies then so does my support of club football, not wanting a newco

Keep our history, sell all players of value, give the youth a chance. No player over 22 and nobody on 5 grand a week. We might not win anything but theres always that chance one of the youngsters might be another Allan Hutton and make the club excess of 8 million. A good sound tactical manager would see us compete to a certain extent.

Thanks for the replies. I too believe that it is better to have barren years than give up what generations have maintained and added to.

Sure a phoenix club may not be far off what we have got but it would come with an acceptance that the original Rangers is gone and I do not believe that is a position any of us want to be in.

There have been barren years before and with that develops a great hunger and makes success when it arrives much more appreciated.

Personally I would prefer if we regrouped and came back strong even if it was 5 years or more down the line than stand accused of manipulating or cheating the system.

Is it a cert we would have no honours
in case of liquidation? i mean we will still be rangers. rangers won them honours and rangers will win honours again. they dont suddenly get passed over to celtic or aberdeen or hearts. the records will state rangers won the league 54 times etc. then when rangers win the league again it will say rangers on the honours list. dont let the detractors and vultures think we will have no history. we have our memories and the players have their medals. FACT

09 Mar 2012 11:42:48
Jim mccoll publically declared his interest last night, but he has no interest in a consortiumm, paul murray has asked him but he said no.

THIS IS 100% TRUE so think what you will, there is also an offer from the far east apparently

I would take mccoll in a minute, proud all above board buisness man. craig+babybear

If he "PUBLICALLY " anounced it why hasnt it been made public ? hmmm

Please let either be true.

He did make it public last night, but only to the administrators, he is one of last 7 interested parties, but he wants to have a deal in place with HMRC and also wants no shareholders, full liability and control himself. Believe it or not i dont actually think he would be one of the favourites! If there is a consortium offering more money on the table which i think there may be, i dont think Mccoll would get in , but the fact hes tried and failed to buy rangers before might work in his favour. {Ed001's Note - making it public is not the same as just telling the administrators.....}

McColl was worth around £800 million back in 2010, hopefully he'll lay his cards on the table.

If he told the administrators, how does the poster know? Because the administrators have told no one who they are dealing with. And will the SFA do full checks on the fitness of everyone in advance this time? As called upon by all bears!

First its made public, then its not made public its told to admin what a laugh!

Having been an employee of Mr McColl for the last 5 years (business now sold to SPX) i wouldnt see him being involved unless everything is above board and "transparent". He may be worth millions but that doesn't mean it's sitting in a bank account !!

Basically, if anyone who is rich and has ever shown an interest in rangers over the years, they're gonna be linked to buying them.

Also, everything in the tabloid press should always be taken with a pinch is salt. Having the tabloids as a source is probably worse than not quoting a source.

I heard Lester Piggot & Del Boy are tabling an offer?

I am not sure it matters who the new owner is, whoever it is will run RANGERS as a viable business.

No more crazy 27k per week wages and 12k per week reserve GK's FF !

Good source mid east oil comp in for gers name of comp pipe dreams

McColl was worth around £800 million back in 2010, hopefully he'll lay his cards on the table

Sir minty was worth £800 million back in 2010.

Not suggesting McColl is a skint as Sir David (and certainly has no worries about being persued for personal libility in the tax case) but does he really want to spend upto £100 million just to start of at ground zero.

09 Mar 2012 10:52:08
Hearing that the offer from the far east and the us will blow Paul Murray and the Blue Knights out the water. Pity cos i wanted Rangers minded people in charge

The offer is from the far east of Glasgow so definitely wont be rangers minded people

SOURCE ?

Much as we would love " like Minded " money to take over ... We need Ca£h & lots of it ...as long as the punters turn up to the games are like minded .. I couldnt care if it the money came from the Vatican Bank with his holiness as Chairman.

Source please.

I think anybody putting millions in to rangers will if not at first will be consumed with what is glasgow rangers and hence will soon become rangers minded whatever that is as i think it differs from individual to individual:)
qwolf

Where did you hear this from then?

W

Rubbish

You mean like D Murray.

Not sure Murrays offer was in with a chance as he has failed before and his offer is conditional. It might not come down to who has the most money anyway. 7 in for us and may the best 1 win. Exciting times but it might take a while with so much interest.

Will Dave King is in the Far East the now

Wouldn't it be good if we just got on with the liquidation and re-formation of the club and stopped all these fairy stories.

Buyers in china. buyers in america,buyers in europe.all billionairs.where have they been the last 4 years. JACKANORI.

To the 2nd last post, why the hell would we want to go into liquidation and lose everything we have achieved in the last 140, don't get some people.

It's in the media.

Funny how things change so quickly on the turn of a red top tabloid story, one minute D&P were Whytes stooges then today they are heroes. Lol.
They are using trickery to smoke interested people out. Why is no one named? P Murray is just a ploy to smoke out interest.

Why would u want the old board back new faces for a new era

To earlier post. maybe buying from d murray was a bit more difficult than buying from admin? can't be sure but it would appear he didn't exactly play things straight. also with hmrc possibly doin a deal on btc it'd be best time to buy.

"Pity cos i wanted Rangers minded people in charge"?

Look where that got you last time!

Why would you buy before the EBT and the double contracts have been concluded?

09 Mar 2012 07:38:59
fansunite will put forward proposal for fans to take over club, it will be launched thismorning.

It should be fansunite plus a big investor or consortium. We shall not be moved.

Can't see how the fans on our own can sustain the club, I would much rather see a consortium or someone with mega funds that is willing.

09 Mar 2012 03:21:30
TAXMAN ready to do deal to save RANGERS for as little as 10p in the pound. source the sun. justice at last

Total nonsense in both the deal and "justice".

Let's give everyone else 90p back of their tax shall we?

How is this Justice?

Justice would see Rangers liquidated.

Never in a million years will the tax man do a deal like .

Why's this justice?

Justice ? for who ? the taxpayer ? the schools, hospitals, armed services personnel, the disabled ? who exactly ? all the foregoing have been cheated by the actions of the "leaders" of the club. Where is the justice ?

Justice at last, what a joke, you have been cheating and got caught, it is shocking that they may get away with it, if it was Mr ordinary member of the public there is no way the tax man would let them off

If found guilty how can it be justis if you strike a deal?so can every1 just forget about there taxes and then just pay a fraction.the country would be in some state if that happened.people like you and whyte proves why the country is in a bad state and as a Celtic supporter feel sorry for other rangers fans being associated with you.rusty the tim

B****cks as well!

Justice at last?? HOW? Swindle the decent, hardworking taxpayer out of 90% of taxes due & you call that justice? I've followed RFC all my life but sorry, that's daylight robbery in my eyes!

How is this justice - the club are not paying money money they owe, should every hard working scot have to take a hit because of the mismanagement at Greyskull

Agree with the not justice comments but people are wrong to say that deals like this have not been done previously. May not agree with it but it is a possibility

HMRC have delayed case to ensure changes in tax law (April 1st) come into effect ensure any new owner cannot escape tax case. fully payment will be taken. Dreaming if you think 10p in the pound. Justice, I think not. WATP - We Aren't Tax Payers!

The deal will only be struck if Whyte is removed so lets not all get too excited. Scottish football not saved yet. In Duff and Phelps we trust.

Taxman WILL do a deal, as they know if Rangers fold, they get NOTHING. Celtic fans will be BEALING at this news. FAIL FAIL you persons!!!

Well then every major football club in europe should be put into administration then, as there debts are out of control

To all those who dont have the best interests of the club at heart who only wish to see a liquidation, Rangers will always be scotland's top club, form is temporary Class is Permanent

Btw if any Joe Public gets into "financial difficulties" and goes into the equivalent of "administration" then i think you'll find that "deals" are done also. I expect massive demonstrations in the East End marching against all the corporate giants to recover the billions sneaked away year on year with tax dodges and "foreign" accounts (or mb not). Let me state i don't agree with what may be going on but as has been said before on here business is business

It happens all the time. Companies shutting down, starting up under diff name to avoid payments. People having cva and debt management. Everyone dodges so dont come the only Rangers patter. U lot need us so be happy when we return to conquer

If rangers fold assets will be sold to raise cash and creditors will get money. Believe me. you all know the assets players, trophys, shirts, murray park (depending who owns it) and ibrox, which according to darryl king on superscoreboard last nite is valued by rangers @75-80 million. anything left over is shared by the shareholders.

The above are the reasons mr whyte has wanted liquidation all along. he may be a rat but the bbc warned us he had a record for it and by the looks of it he will do it again

Form is temporary class is permanent . Your club owes nearly £100m in tax. Really classy that isn't. They WON'T do a deal even if they know they get nothing if you are liquidated. They know you won't do it again if you are. Tax fraud, ebt's, second contracts, tainted titles, who's got class? you f*****g haven't

David Murray getting sued for the Tax and Craig Whyte to give all the money he took from Rangers back would be justice, can't remember a Celtic Fan blameing the actual club when their team was in a financial mess. Get the rotten wood out!!

I think the public should be raging that they have been cheated if this happens. Cheats aren't supposed to prosper.

I love reading all the dhims on hear crying about this. Sad wee people. Enjoy yer title with an astrix. We'll be taking it back next year point deduction or not. WATP!

"Class is permanent"

So you're not ashamed of the way people running the club have behaved?

Form is temporary class is permanent . Your club owes nearly £100m in tax. Really classy that isn't. They WON'T do a deal even if they know they get nothing if you are liquidated. They know you won't do it again if you are. Tax fraud, ebt's, second contracts, tainted titles, who's got class? you f*****g haven't

-----------------------------------

Your last wee bit of your tirade shows the lack of class you and your east end 'mo charas' have!!

Where did you get your information stating that Rangers owe nearly £100 million in tax?????

The tax case has not been decided yet so thats around £50 million......tight whyte held back 9 millioin in tax so that ads up to £59 million. Doesnt add up does it hoopy???

Stop getting your info from huddleboard and kerryfail street son then posting on here.....it only reaffirms what we already know.....celt*c fans are gullible beyond the pale.

It is clear from MOST of the celt*c posts on here that you all HATE Rangers that much you will be sitting RAGING as you read this.....all i can say to that is...ha ha FAIL FAIL!!!!

Ranger WILL survive with our history intact. We will STILL be The Worlds Most Successful Club and you and your mob cannot handle this!!

celt*c......FOREVER in Rangers shadow!!!

RTID!!!! {Ed001's Note - but then you show yourself in the same light by not even being able to type Celtic! Are the lot of you 5 years old? Because most of you are pathetically childish about each other! Why can't you all support your club without hating the other? It is just a sport, a game, you all seem to have forgotten that.}

Will you be coming back tomorrow to say the amount is £200 million owed.Where are you getting your figures from?I have seen about forty different amounts so far,and I don't know anybody that can tell where they are coming from.Anybody that thinks the taxman doesn't do deals with big business is living in some other world.Like it or lump it,that's the way it is.

Rangers have not been found guilty of tax evasion and as yet owe nothing from the big tax case. People seem to be forgeting that

I wonder what all the Celtic fans would do if we were liquidated? They are OBSESSED with all things Rangers. If they are not on their own rumour page talking about us and their other sites. they are on here! talking about us! Cummon lads, admit it. You would miss us ;)

Yeh course you will lol, exactly how are you going to be taking it back when you won't be in the SPL. 15 points in front to 11 points behind without the points deduction. I don't see to recall anyone saying the title was tainted when you threw your lead away BEFORE entering administration. Outplayed, outclassed, and now on your way out of business ha

By Ronnie Esplin and Gavin McCafferty
Feb 14 2012 12:04
Get more on: whyte | rangers | spl
Owner Craig Whyte claims he took the first step towards administration to ensure Rangers did not die altogether under the potential burden of a "shocking" £75million tax bill.

The club lodged legal papers signalling their intention to enter administration with the Court of Session in Edinburgh today.

The Scottish champions are awaiting the verdict of a tax tribunal which it was thought could cost the club around £49million if the judgment went against them, but Whyte revealed that figure was substantially out.

The HMRC case centres around the use of employee benefits trusts (EBTs) which were in place before Whyte took over from Sir David Murray last May.

Whyte told Press Association Sport it was necessary to look at administration.

"If we hadn't done that then liquidation could have been a possibility," he said. "This secures the long-term future of the club.

"The £49million often quoted is the tax bill and interest but they can charge you a penalty on the tax bill so we could have been up at £75million.

"It is a shocking figure and there is no way we could pay it."

Whyte was heckled by some Rangers fans when he emerged outside Ibrox after 6pm to read a statement outlining his intentions.

The Motherwell-born businessman admitted it had been a "tough day" but insists he has no intentions of leaving the club.

"I can understand how the fans feel," he said. "But I came in to sort out the financial situation and that's what I will do.

"It has been a tough day. No one likes it but I am doing what has to be done. I would say to the fans to stick with (manager) Ally McCoist and the team, they need you more than ever.

"I have not gone through what I have gone through in the last year to walk away. I am here to stay."

Amid a long explanatory statement on the club's website, Whyte outlined why he believes winning the tax case is unlikely.

"There is no realistic or practical alternative to our approach as HMRC has made it plain to the club that should we be successful in the forthcoming tax tribunal decision, they will 'appeal, appeal and appeal again' the decision," he said.

"This would leave the club facing years of uncertainty and also having to pay immediately a range of liabilities to HMRC.

"Even if the club were to succeed in the tax tribunal, it would still face substantial liabilities. Zero liability will not happen."

Rangers are currently four points behind SPL leaders Celtic and 19 above nearest challengers Motherwell, who have a game in hand.

Administration would bring an automatic 10-point deduction and would likely lead to the sale of on-field assets while manager McCoist could expect to see further reductions in the size of his squad.

Rangers also face a race to prove to the Scottish Football Association that their finances are in shape before March 31 or face expulsion from Europe next season.

Although there is no specific ban on clubs in administration playing in Europe, it is understood it would be very difficult for such a club to meet the other financial criteria needed for a licence.

Whyte was reluctant to respond to the suggestion that the club and the supporters may have to write off this season.

"We are not in administration yet," said Whyte, while claiming this move was the first step on the "road to recovery".

"Rangers will always be around, Rangers will always be here at Ibrox," he told Sky Sport News.

"This was the best way to take the club forward and end the uncertainty that is surrounding Rangers at the moment.

"The fact is there no way Rangers can pay that tax bill if that judgment goes against us, it just can't be done.

"I have to make the decision for the long-term future of Rangers.

"This was discussed long before my time when the tax case first became known and it is a really tough decision.

"I bought the club with this tax case hanging over it, it was always an option. We hoped we would find a way to resolve it without going down this route.

"It became apparent at the end of last week that HMRC would not do a deal with us and so we had no choice.

"We will exit administration, we hope, by means of a CVA, which will deal with creditors.

"I don't want to get into that now but that is how we will exit administration, if indeed we go into administration.

"Keep in mind we are not in administration at the moment."

Whyte bought out Murray's shareholding for £1 while pledging to pay off £18million owed to Lloyds Banking Group and invest about £25million in the playing squad over five years.

The club have still not published audited accounts due before the end of last year or held an AGM as required.

That led to trading on their shares being suspended last month by the PLUS Stock Exchange, who are investigating Whyte's admission that he had been disqualified as a director for seven years from 2000. A similar SFA inquiry into Whyte's business background remains ongoing.

Last week former Rangers chairman Alastair Johnston revealed he had asked the Government's Insolvency Service to clarify "certain financial arrangements" relating to the takeover.

Whyte had earlier admitted securing funds from loan company Ticketus in lieu of future season ticket sales, but denied using the cash to fund his takeover.

Excellent post and a fine bit of fishing, the tims have swallowed the bait hook, line and sinker! Didn't know so many of them are honest tax paying citizens and cared so much! Justice indeed.

The Sun prints a positive spin on 4 areas of Rangers' problems and everyone goes into meltdown.

There's too many implausibles across too many areas for all of that to come together. It's a rag story to change tomorrow.

I sense a lot of Celtic fans on this post. The tax man is willing to come to a deal with new buyers, as long as Craig whyte is out the door.

I think I nearly passed out laughing at the Rangers fan accusing Celtic fans of being gullible, thats a belter!

Mac

It is very wrong for the Scottish Sun to undermine due process of the High Court in Edinburgh by saying HMRC has been influenced to do pennies in the pound even before the High Courts findings are published! Scandalous and possibly illegal.

To this poster:

I wonder what all the Celtic fans would do if we were liquidated? They are OBSESSED with all things Rangers. If they are not on their own rumour page talking about us and their other sites. they are on here! talking about us! Cummon lads, admit it. You would miss us ;)

How do you know we are talking about you lot on our rumour pages?? Would that be because you are on our pages. what a chump you are!

Hail Hail!

Poor andy devlin seem to believe everything jack irvine tell him sorry but this is a no goer read the story in it they say we dont know if it 10 p 50p or 100p in the pound its still up in the air-a non story

We dont need to spend time on your rumour pages what you clowns do has no interest. anyway with all the posting you do on here I didnt there was a celtic rumour page.

No matter what emerges after this no matter what it is called, it will always be The Rangers and best thing is you will know it and it will continue to stick in your throat

Justice would mean no deal why would the taxman allow rangers to steal taxpayers money

09 Mar 2012 01:33:13
Rangers' administrator says Craig Whyte will not profit from club

Headline from BBC scotland website

ryanrfc

He won't make more than £1?

not sure on that one

He is the owner and he owns the assets. No sale can be forced on him. No one can take his shares from him. I don't believe any of these people. He did quantify his statement with two big 'IFs' {Ed001's Note - Hicks and Gillett owned Liverpool but a sale was forced on them. It can happen.}

LOL no ones told Craigy boy that

The creditors will be paid a fraction of what they are owed (CVA) unless HMRC are the major creditor in which case they will not do a deal (liquidation). Whyte will get his share if he is a genuine creditor irrespective of whatever pish the administrator says to keep fans spirits up.

Craig Whyte will owe Rangers money. He wont get his pound back. Front of the record and the sun. KEEP BELIEVIN. Stronger, Bigger and Richer as 7 serious bidders get ready to battle for the famous Glasgow Rangers

Expect a long long court case then.

There will be no liquidation

He will get nothing because his takeover will be ruled null and void.

He owns 85% stake.

aye, lets see him walk away with nothing. More daily record p*sh......

09 Mar 2012 00:36:17
SunSport can reveal more than 40 potential bidders have thrown their hat into the ring as stricken Gers slide towards meltdown.

Administrators Duff and Phelps have whittled that list down to seven they believe are genuine and plan to hold crunch talks in the days ahead.

It's understood two of the enquiries are from the USA — as SunSport revealed three weeks ago.

And the administrators are determined to clinch a deal soon and avoid seeing the club tumble into liquidation.

The crisis-hit SPL champs are up for grabs after owner Craig Whyte plunged them into administration almost four weeks ago.

Duff and Phelps have since been swamped with enquiries from all over the world.

Paul Murray and his Blue Knights have been the most high-profile candidates — with Sale Sharks owner Brian Kennedy also understood to be monitoring the situation.

Gers are also believed to be attracting interest from the Far East, as well as Stateside.

The administrators want to speed up the process, insisting the Ibrox club remain on the critical list.

They set a March 16 deadline in an effort to separate the wheat from the chaff.

Takeover talks have been ongoing throughout the administration process and are set to continue with two interested parties today.

Former Ibrox director Murray has already claimed he could help save Gers. But it's understood the administrators are growing tired of the posturing and instead want face-to-face talks.

Interested bidders have until next Friday to submit their offer and show their hand.

However, SunSport understands it could be weeks before any final sale goes through.

Meanwhile, senior administrator Paul Clark has moved to allay Gers fans fears over liquidation.

Director Dave King insisted that scenario was now inevitable as the club battle to stay afloat.

But Clark insists a deal can be struck that will get Gers out of administration before the end of the season.

He said: I am confident we can gain a company voluntary arrangement and be out of administration before the end of the season.

a bit of hope my fellow bears

campbell

This talk of liquadition can be thrown out the window happy days ahead looks like a cva brilliant news

Fantastic news we are back

So you think where last year you couldnt find anyone to buy yous until your whyte knight came...no you think there are 40 peopel lined up that are willing to take on the hmrc bill and all other punishment coming your way. if someone does you should question them because they are goin to be losing alot of money, keep clinching on and tellingyour selves it will get better because im sure that works...so deluted! and after saying how the media is out to get you, you now believe them after shouting how they sre the problem...a movie need to be mad because yous make yourselves look more and more like fools, lol

None of us should believe D&P.

Businessmen expressing an interest is not a sale to a philanthropic billionaire. No one will buy until the tax is resolved. When the case goes against rangers, liquidation is all that can happen.
D&P are talking nonsense on a CVA look at how long it has taken them regarding players cuts. Creditors accepting CVAs when there's assets to be sold is unlikely.

I only saw 2 words here... 'Far East' Would be great but cant see it happening.

That must have been due to the response to the advert on the front page of the Sun yesterday then I take it, offers over £1 I believe the advert said, if my Social loan comes through today believe me there will be 41 interested parties I am getting £364 and would bid the lot.

Great we get a CVA, pay the creditors 10p in the £, shaft the tax man and all the honest tax paying people of Scotland for millions, Result WATP>

"So you think where last year you couldnt find anyone to buy yous until your whyte knight came...no you think there are 40 peopel lined up that are willing to take on the hmrc bill and all other punishment coming your way. if someone does you should question them because they are goin to be losing alot of money, keep clinching on and tellingyour selves it will get better because im sure that works...so deluted! and after saying how the media is out to get you, you now believe them after shouting how they sre the problem...a movie need to be mad because yous make yourselves look more and more like fools, lol"

**************************

Learn how to spell correctly before you come on here spouting your hatred for all things Rangers!!

Fact the facts....its finally looking up for Rangers and you just cant handle that.......and we are LOVING IT!!!!!!!

Have you not got some jelly and ice cream to go and eat????

I stopped reading after the first sentence revealed the source.

Rangers will have a new owner soon, they can have thier ice cream and jelly when this is all over we are going to have the main course. watp

I think you meant "face the facts", typical slag someone else off and cant spell youself. Personally don't care if rangers survive or not. No one knows the FACTS. The reality is, it's a total mess and no matter which way it ends, rangers will struggle. Ill enjoy a little jelly and ice cream this season, and await the challenge for the next 5 to 15 years.

Ok "facts the facts", try and make some sense. there was nothing in what a wrote about hate towards your club, so why are you brining it up, i only stated an opinion. it seems to me that if anyone disagrees with you then they are wrong and hate everything rankers....well that is the problem with you and your club, so IF your team stays open as it changes so should you.. How sad is it with the first good news (which is prob not true) you have a go at others ie Celtic, well if you think you gegt under our skin cause you may not go under jsut remember we are on the TREBLE while use try and make it in 3rd...bring on europe, are we going to see you there? didnt think so, do that get under your skin?